North Parramatta, New South Wales, Australia - HydGene Renewables, a leading biotechnology research company, announced today the successful completion of its seed funding round, securing a total of $4 million in capital. The funding round was led by Clean Energy Finance Corporation, a prominent investor in the clean energy sector, and NOAB.Ventures, a venture capital firm specializing in sustainable technologies.

HydGene Renewables is revolutionizing the field of low-carbon technology through its innovative approach. The company's mission is to accelerate the widespread adoption of green hydrogen by providing an alternative, sustainable solution. Leveraging its expertise in biotechnology, HydGene Renewables has developed a groundbreaking process that converts biomass waste into green hydrogen on-site and on-demand, utilizing an engineered biocatalyst.

Louise Brown, the founder of HydGene Renewables, expressed her gratitude for the trust and support of the investors. She stated, "This funding marks a significant milestone for HydGene Renewables and validates our vision of a sustainable future powered by green hydrogen. With the backing of Clean Energy Finance Corporation and NOAB.Ventures, we are well-positioned to accelerate the development and deployment of our innovative biocatalyst technology."